A surplus in global oil inventories is also close to evaporating. OPEC said on Thursday.
Read More »14 Companies Interested in Iraq`s Oil Development Contracts
Iraq hopes to end gas flaring by 2021.
Read More »Russia. Iran Slam US-Led Strikes on Assad Regime in Syria
Iran is opposed to the use of chemical weapons on the basis of religious. legal and ethical standards.
Read More »IEA Says OPEC Mission Accomplished
OPEC and its allies were poised to extend the pact into 2019 even as a global glut of crude was set to evaporate by September.
Read More »IEA Says OPEC Mission Accomplished
OPEC and its allies were poised to extend the pact into 2019 even as a global glut of crude was set to evaporate by September.
Read More »Big Oil Seek Small Refinery Exemptions under US Biofuels Law
The waivers could result in savings of $50 million or more in regulatory costs for the company'.s 2016 obligations under the biofuels law.
Read More »Iraq Extends International Oil Auction
The region'.s second-largest producer had earlier invited bids by April 15.
Read More »IEA: Global Oil Demand not to Peak Soon
Indian oil imports will grow more and more driven by transportation. petrochemicals and other sectors.
Read More »Middle East Crisis. U.S.-China Trade War Worsen Oil Markets
The United States now produces more crude than top exporter Saudi Arabia.
Read More »Oil Minister Regards $60 Oil Price Acceptable
India and Iran have settled the main issue on the development of Farzad B Gas Field.
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